Campbell River, BC V9W4A7,765 8th Ave
Campbell River, BC V9W4A7,765 8th Ave
Campbell River, BC V9W4A7,765 8th Ave
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$580,000
Est. payment /mo
3 Beds
2 Baths
2,846 SqFt
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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,846 sqft

Price per Sqft $203

Subdivision Campbell River Central

MLS® Listing ID 1011655

Bedrooms 3

Year Built 1963

Lot Size 0.490 Acres

Acres 21344.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

Welcome to 765 8th Ave, Campbell River — a rare opportunity that blends investment potential with family living. Set on a prime .50-acre lot, this property is already zoned to allow a fourplex, with possible options to rezone for further development. Priced well, the value reflects both the size of the lot and the condition of the home. The existing 4-bedroom, 2-bathroom residence is functional and full of potential, but it will require a new perimeter drain (approx. $20,000) and some general updates — offering the chance to build equity through improvement. The main floor is bright and welcoming, while the lower level provides flexibility with a family room, additional bedroom, den, storage, and an 11x13 workshop with exterior access — perfect for a home business or hobby space. Outdoors, enjoy mature gardens, flowering shrubs, two vine-covered porches, and fenced raised garden beds. Two separate driveways plus a single carport provide excellent parking and access. Investment scenario: At $600,000 with 5% down ($30,000), in 5 years you could pay down approx. $68,000 in principal while also benefiting from property appreciation. With even modest 3% annual growth, the property could be worth over $695,000 in five years — turning updates today into long-term equity tomorrow. Tucked away on a quiet street yet close to town, this property offers privacy, space, and opportunity. Whether you redevelop, invest, or create your family retreat, it's a chance to own a sizeable lot with strong future potential. Contact Kim Rollins, eXp Realty at 250-203-5144 or kim@kimrollins.ca to schedule a viewing. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Lower level 4'10 x 8'5 Other

Extra Room 2 Lower level 18'11 x 19'3 Workshop

Extra Room 3 Lower level 11'1 x 18'9 Recreation room

Extra Room 4 Lower level 11'8 x 9'2 Unfinished Room

Extra Room 5 Lower level 11'5 x 9'4 Den

Extra Room 6 Lower level 13'2 x 19'3 Family room

Interior

Heating Forced air,

Cooling None

Fireplaces Number 2

Exterior

Parking Features No

View Y/N Yes

View Mountain view, Ocean view

Total Parking Spaces 6

Private Pool No

Others

Ownership Freehold


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Listed by eXp Realty (CR)

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Jeffrey Sefton

Jeffrey Sefton

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765 8th Ave